Global Trends 2020

Australia forces Facebook and Google to pay for their news content

The Australian Government has introduced a new law which will compel social media networks to pay Australian media companies for sharing their content online. The Treasurer said that it was fair that these platforms pay media companies for the content they use to drive users to their websites.

Source: https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12325948

Beyond bailouts, quarantine and empty hotels: what does coronavirus mean for travel?

As COVID-19 put a stop travelling and grounded planes, the travel and hospitality sector has been left wondering when – if at all – we will ever return to a world of cheap flights and global adventure.

Most UK offices stand empty

UK-based landlord Land Securities offered a glimpse of the impact of covid on office usage as it reported a £837m loss. Less than ten per cent of its office sites were in use and many of its tenants are now struggling to pay their rent.

Source: https://www.bbc.co.uk/news/business-52629786